Bitcoin struggles for footing on worries over China, leverage
Published by Reuters By Stanley White and Vidya Ranganathan TOKYO (Reuters) – Bitcoin recovered marginally on Thursday from the previous session’s brutal slide to four-month lows but was weighed down by concerns over tighter regulation in China and unease over…
Stocks struggle as taper talk, crypto crash put markets on edge
Published by Reuters By Tom Westbrook SINGAPORE (Reuters) – Stock markets struggled for traction on Thursday after a jittery session on Wall Street where cryptocurrencies crashed and a hint of tapering talk from the U.S. Federal Reserve drove selling in…
Tesla’s EV Sales; History on S&P’s Side
Published by ValueWalk In hisDaily Market Notes report to investors, while commenting on Tesla Inc (NASDAQ:TSLA)’s EV sales, Louis Navellier wrote: Q1 2021 hedge fund letters, conferences and more China continues to growth at a frantic pace, but a bit…
Futures fall as tech stocks lag ahead of Fed minutes
Published by Reuters By Medha Singh (Reuters) – U.S. stock index futures fell for the third straight session on Wednesday, led by losses in rate-sensitive technology stocks on fears that rising inflation could force the U.S. Federal Reserve to pare…
Bitcoin slides below $40,000, ether tumbles
Published by Reuters TOKYO (Reuters) – Bitcoin’s volatile week-long slide saw it tumble to below the $40,000 mark on Wednesday as news of further restrictions on cryptocurrency transactions in China added to earlier concerns sparked by Tesla boss Elon Musk’s…
Asian shares slip, bitcoin tumbles as inflation worries linger
Published by Reuters By Hideyuki Sano TOKYO (Reuters) – Asian stocks dipped and cryptocurrencies extended losses on Wednesday as uncertainties over inflation prompted investors to reduce exposure to riskier assets for now. Also weighing on digital coins was a new…
Server problems hit Colonial Pipeline, flow unaffected
Published by AFP New York (AFP) – Colonial Pipeline, the US oil conduit shut down for days by a cyber attack earlier this month, said on Tuesday a server had been disrupted but deliveries of petroleum products were not affected….
Cryptocurrency Scams Bilk Victims Out Of $80 Million
Published by ValueWalk Cryptocurrency scams involving people claiming to be Tesla CEO Elon Musk resulted in the theft of $2 million over six months, according to a report from the Federal Trade Commission. Between October and March, almost 7,000 investors…
Shares rise, dollar eases on U.S. rate outlook
Published by Reuters By Danilo Masoni MILAN (Reuters) – World stocks pushed higher on Tuesday and the dollar dipped to near three-month lows as bets that U.S. interest rates would remain low helped investors look past any short-term damage stemming…
Surf shop Hurley opens 1st N.J. store
Published by NJ.com Hurley, a surfing apparel and lifestyle brand, has opened its first shop in New Jersey. The store is located at 1183 Main St. in Asbury Park. It opened on May 7, according to a store employee, and…